KeyCorp Issues Negative Outlook for Dominion Energy Earnings

Dominion Energy Inc. (NYSE:D) – Equities research analysts at KeyCorp lowered their Q2 2026 earnings estimates for shares of Dominion Energy in a research report issued to clients and investors on Wednesday, July 22nd. KeyCorp analyst S. Karp now forecasts that the utilities provider will earn $0.66 per share for the quarter, down from their previous forecast of $0.90. The consensus estimate for Dominion Energy’s current full-year earnings is $3.57 per share. KeyCorp also issued estimates for Dominion Energy’s Q3 2026 earnings at $1.42 EPS and Q4 2026 earnings at $0.53 EPS.

Other analysts have also issued reports about the company. Wall Street Zen lowered Dominion Energy from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Barclays reduced their price objective on Dominion Energy from $70.00 to $69.00 and set an “overweight” rating for the company in a research note on Tuesday, June 23rd. BMO Capital Markets raised their price objective on Dominion Energy from $64.00 to $70.00 and gave the company a “market perform” rating in a report on Wednesday, July 22nd. Wells Fargo & Company lifted their target price on shares of Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Finally, Royal Bank Of Canada upped their target price on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a “sector perform” rating in a report on Tuesday, May 19th. Four analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $68.00.

Dominion Energy Price Performance

Shares of Dominion Energy stock opened at $70.72 on Monday. The stock has a market capitalization of $62.19 billion, a P/E ratio of 20.92 and a beta of 0.65. The business has a 50 day simple moving average of $68.69 and a two-hundred day simple moving average of $64.60. Dominion Energy has a 12 month low of $55.85 and a 12 month high of $72.99. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.78 and a quick ratio of 0.61.

Dominion Energy (NYSE:D) last posted its quarterly earnings data on Friday, May 1st. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.05. Dominion Energy had a return on equity of 9.63% and a net margin of 16.93%.The company had revenue of $5.02 billion for the quarter, compared to analysts’ expectations of $4.43 billion. During the same period in the previous year, the firm posted $0.93 EPS. Dominion Energy’s revenue was up 23.1% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS.

Institutional Investors Weigh In On Dominion Energy

Several hedge funds and other institutional investors have recently made changes to their positions in D. Motiv8 Investments LLC purchased a new stake in Dominion Energy in the 4th quarter valued at $25,000. Blueline Advisors LLC purchased a new position in shares of Dominion Energy during the 4th quarter worth $28,000. Triumph Capital Management purchased a new position in shares of Dominion Energy during the 3rd quarter worth $28,000. Costello Asset Management INC boosted its position in shares of Dominion Energy by 66.7% during the 4th quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock valued at $29,000 after acquiring an additional 200 shares during the last quarter. Finally, Advocate Investing Services LLC acquired a new position in shares of Dominion Energy during the 4th quarter valued at about $29,000. Institutional investors and hedge funds own 73.04% of the company’s stock.

Dominion Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Saturday, June 20th. Stockholders of record on Friday, May 29th were given a $0.6675 dividend. The ex-dividend date was Friday, May 29th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 3.8%. Dominion Energy’s dividend payout ratio is 78.99%.

Key Headlines Impacting Dominion Energy

Here are the key news stories impacting Dominion Energy this week:

• Positive Sentiment: Dominion Energy’s board declared a quarterly dividend of $0.6675 per share, payable Sept. 20 to shareholders of record Sept. 4. The uninterrupted payment—now the 394th consecutive dividend—reinforces the utility’s income appeal and may support investor sentiment. Dominion Energy Declares Quarterly Dividend of 66.75 Cents
• Positive Sentiment: The proposed merger with NextEra Energy continues to advance. NextEra executives said they remain on track to close the transaction by late 2027, while Virginia regulators have scheduled an initial public hearing for November. Progress could keep the potential strategic and financial benefits of the deal in focus. NextEra on track to close Dominion merger by late 2027
• Neutral Sentiment: Dominion is scheduled to report second-quarter results, with analysts expecting revenue support from approved rates and stronger electricity demand. However, higher costs could offset some of the benefit, making the upcoming earnings release an important near-term catalyst. Dominion Energy to Report Q2 Earnings
• Negative Sentiment: Analyst sentiment remains cautious: brokerages have a consensus recommendation of “Hold,” and KeyCorp reportedly has a pessimistic view of Dominion’s second-quarter earnings. These views may limit upside ahead of the results. Dominion Energy Given Consensus Recommendation of Hold

Dominion Energy Company Profile

Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.

Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.